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Macau casino revenue growth falls short of expectations in February

Feb revenue up 5.7% to 24.3b patacas, 3rd highest in the past 12 months, but analysts expected 7-12%

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Published Thu, Mar 1, 2018 · 09:50 PM

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    Hong Kong

    GAMBLING revenue in the Chinese territory of Macau rose 5.7 per cent in February, less than analysts had expected for the big-spending holiday period but still the 19th month of consecutive gains in the world's largest gambling hub.

    Revenue rose to 24.3 billion patacas (S$4.02 billion), the third highest in the past 12 months, data from Macau's Gaming Inspection and Coordination bureau showed on Thursday.

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